DocuSign Shoots for Valuation Above $1 Billion

Feb 13, 2014 3:38 pm ET

By Evelyn M. Rusli and Douglas MacMillan

DocuSign may soon be the latest entrant to the billion-dollar startup club.

The electronic signature software company is in the process of raising about $100 million, in a deal that could value the company as high as $1.5 billion, according to three people with knowledge of the matter. Morgan Stanley is helping DocuSign with the raise, two of these people said.